GNG Electronics Share Price Live: GNG Electronics makes blockbuster D-St debut - Should you buy, sell or hold?

The shares of GNG Electronics made a strong market debut on July 30, listing at Rs 355 apiece on NSE. This marks a premium of nearly 50 percent over the IPO price of Rs 237 per share. The listing premium is higher than grey market estimates. Ahead of listing, the unlisted shares of the company were trading with a grey market premium of nearly 38 percent over the IPO price at Rs 327 apiece, according to Investorgain. (Read More)

Revenue from Operations grew at a CAGR of 46.3% between FY23 and FY25, rising from Rs 659.5 crore to Rs 1,411.1 crore. In FY25, EBITDA stood at Rs 116.1 crore, translating to a margin of 8.3%. Profit After Tax (PAT) nearly doubled during the period, increasing from Rs 32.4 crore to Rs 69 crore, with the PAT margin holding steady at approximately 4.9%. Return on Equity (RoE) remained robust at 30.4% in FY25.

India's BSE all listed firms' market capitalisation posted the sharpest decline among the world’s top ten equity markets in July, registering its steepest drop in five months after four consecutive months of gains. According to Bloomberg, BSE all listed companies' total market cap fell 3.6 percent, the largest monthly decline since February this year, to $5.2 trillion from $5.38 trillion. (Read More)

The rupee opened 30 paise down on July 30 after US President Donald Trump hinted at India facing tariffs as high as 25 percent as the proposed trade deal between the two countries is unlikely to be reached by August 1. The rupee opened at 87.12 against the US dollar, hitting over a four-month low. It had ended the previous session at 86.82. According to Bloomberg data, the last time the currency breached the 87-mark at the open was on March 13, at 87.13. (Read More)

Expanding its footprint and market reach across both domestic and international markets to capitalize on favorable industry trends.

Strengthening procurement initiatives within India and globally, while fostering deeper partnerships with leading brands.

Enhancing collaboration with OEMs, with a focused commitment to Environmental, Social, and Governance (ESG) compliance.

GNG Electronics Listing Live Updates: The lead book-running managers for the GNG Electronics IPO are Motilal Oswal Investment Advisors, IIFL Capital Services, and JM Financial.

Customer Concentration: In FY25, the company catered to 4,157 customers, with its top 10 clients contributing 47% of total revenue. This high dependency means that the loss of any major customer could adversely affect revenue and profitability.

Supplier Concentration: The company sources materials from 557 suppliers, with its top 10 suppliers accounting for 57% of total inventory costs. This reliance on a limited number of suppliers exposes the company to potential risks related to supply chain disruption and cost volatility.

The listing ceremony for the public offer of GNG Electronics has begun at National Stock Exchange.

Benchmark indices Nifty and Sensex are likely to open on a subdued note as sentiment takes a hit following US President Donald Trump’s threat of steeper tariffs on Indian goods, with uncertainty over a trade deal continuing to linger. Meanwhile, investors will keep a close watch on the US Fed’s policy meeting, where rates are expected to remain unchanged. (Read More)

GNG Electronics Share Price: Where can you watch the listing ceremony on YouTube?

According to data from investorgain.com, the latest grey market premium (GMP) for GNG Electronics IPO stood at Rs 90 as of July 30, 2025, 06:58 AM. Based on the IPO's price band of Rs 237 per share, the estimated listing price is projected to be around Rs 327. This implies a potential gain of approximately 37.97% per share over the issue price.

GNG Electronics has fixed its IPO price at ₹237 per share. Retail investors can apply for a minimum lot of 63 shares, requiring an investment of Rs 14,175. For small non-institutional investors (sNII), the minimum bid is 14 lots, or 882 shares, translating to Rs 2,09,034. Large non-institutional investors (bNII) must apply for at least 67 lots, or 4,221 shares, amounting to Rs 10,00,377.

In addition to refurbishment, GNG offers IT asset disposition (ITAD) and e-waste management services. Its comprehensive service portfolio also includes on-site installation, doorstep assistance, warranty coverage, device upgrade plans, flexible payment options, and structured buyback programs for ICT equipment.

Founded in 2006, GNG Electronics specializes in refurbishing ICT devices, primarily laptops and desktops. The company has a broad market footprint, serving customers across India, the USA, Europe, Africa, and the UAE. Operating under the brand “Electronics Bazaar,” GNG manages the entire lifecycle of used devices — from procurement and refurbishment to sales and after-sales service. Its refurbished products come with warranty support and cater to a diverse customer base, including individual consumers and businesses.

Indiqube Spaces, GNG Electronics, Dilip Buildcon, GMR Airports, Ask Automotive, GE Vernova, IGI India, L&T in focus on 30 July (Read More)

The proceeds from the fresh issue will be used to repay existing debt, support working capital requirements, and fund general corporate purposes.

Narendra Solanki, Head of Fundamental Research (Investment Services) at Anand Rathi Shares and Stock Brokers, noted that GNG Electronics could benefit from a first-mover advantage in the electronics refurbishment space, particularly in the B2B segment.

However, he cautioned that the company’s business model is working capital intensive due to a time lag between procurement and sales cycles. “We had issued a ‘Subscribe – Long Term’ recommendation. Investors who received an allotment may consider booking partial profits on listing while holding the remaining shares for long-term gains,” Solanki advised.

GNG Electronics’ end-to-end operations — including procurement, refurbishment, and after-sales services — along with partnerships with companies like HP, Lenovo, and Microsoft, are expected to support its growth trajectory. The company also operates ISO-certified refurbishing facilities, addressing rising demand for affordable ICT solutions in the SME sector.

For investors who didn’t receive an allotment, Tapse suggested accumulating the stock during any post-listing correction, especially if market volatility arises.

Tapse added that long-term or high-risk investors may find GNG Electronics a promising opportunity, citing its scalable operations, robust value-added reseller (VAR) partnerships, and strong presence in the SME ICT segment as growth drivers.

Prashanth Tapse, Research Analyst at Mehta Equities, stated, “Considering the strong subscription figures and favorable market sentiment, we expect listing gains of around 25 percent or higher.” He recommended that conservative investors consider booking profits on listing day to take advantage of the early momentum.

GNG Electronics is expected to list at a premium of around 25 percent over its issue price when it debuts on the stock exchanges today. This anticipated gain follows strong demand during the company's Rs 460.43-crore initial public offering (IPO), which was subscribed 146.90 times across all investor categories.

Good morning and welcome to Moneycontrol. Today, we are tracking the buzz around the listing of GNG Electronics IPO. Stay with us for post-listing guidance, current grey market premium and more.